Lot size 2750 (Risk is 30% of premium i.e 7*2750=19250), so if you have 2 lakh capital than take it or its not for you. Buy Apr 280 call @ 13.5 Buy Apr 280 put @ 7.5
Try to buy As close as possible to 280 so wait patiently , If price goes to 290 than you try to buy 290 put /call pair@ 21 Remember to buy as close to strike price.
Targets mentioned on chart , we will review this trade by 10 April and second review by 17 april , So till than let it run , If before 10 April it shows good profit (3/4 rs) we will book out .
See our investment would be 21 rs , So if we get 3/4 rs profit we will get out , Don't expect million rs in 1 trade , it will never happen .
Consult your financial adviser before taking trade , options are risky